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Quote:
you are correct unless you have the same wierd setup as i do (see my post above) AZBOfin |
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I am confused by backtesting results. I see the tester chart open up with 3 indicators on it. the bulls power, the bears power the RVI and then I add the phoenix (firebird safe-as it displays on chart) and then...
I start looking for the patterns between when it has placed trades and these indicators using the settings just as they were released with no changes... I see trades placed when the firebird safe indicator is inside the middle two lines AND out side the two lines. By no means do I mean this as a disparagement. I am simply noting observations and saying I don't understand. I don't see any rythm to pattern to the bears and bulls indicator levels that is uniform across the trades nor for the RVI or the firebird safe so I'm not sure how these are being used?? My initial impression of this given that I don't understand it is that it's very timing driven and very trend blind, taking short positions in uptrends and long positions in downtrends. If that is the essense of countertrend trading then that seems backwards to me..What I have to wonder however is that if something is indeed backwards and losing like my test report is...can it be reversed 180 degrees and win commensurately as badly as it lost? I just don't know if this is coming or going at this point. Feel free to enlighten me on what I'm missing. what pairs work best and what time frames with what settings? |
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You don't need the indicator to make Phoenix work. |
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I never use backtesting. There are too many functions in this EA that backtesting can't handle. The only thing that's left is forward testing. |
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All Hail the Power of Phoneix....
If its anything like Phoneix in XMEN the forex market is DEAD.. Hendrick.... I am going to run Phoneix for the next two weeks in DEMO accounts then I will move to my two Live Account August 1st Statements will appear soon... |
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Will begin Forward Testing
Hey guys,
This is great news - some of the new features look intriguing. I'm going to begin FT'ing on most pairs. Will report any issues... amckeen Last edited by SetFreeByTruth; 07-12-2006 at 02:15 PM. |
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how is your forward test for firebird going...can you please post the statement on firebird thread.... Thanks Babar |
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LinkBack to this Thread: http://www.forex-tsd.com/phoenix/2842-phoenix-here.html
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| Posted By | For | Type | Date | |
| Буржуйский эксперт - Технический анализ Forex | This thread | Refback | 08-01-2008 10:24 PM | |
| Технический анализ Forex > Буржуйский эксперт | This thread | Refback | 02-08-2008 12:54 PM | |
| New Profit at Pivot Strategy..Anyone know how to encode to EA?..Please comment - Page 7 | Post #213 | Refback | 09-17-2007 02:49 PM | |
| FIREBIRD - ШµЩЃШЩ‡ 12 - Sarmaye Forums | This thread | Refback | 07-09-2007 03:26 PM | |
| Буржуйский эксперт - Технический анализ Forex | This thread | Refback | 06-27-2007 09:49 PM | |
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